Arlo Technologies (NYSE:ARLO) Share Price Breaks Above 50-Day Moving Average – Here’s What Happened

Shares of Arlo Technologies, Inc. (NYSE:ARLO) passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $12.91 and traded as high as $13.50. Arlo Technologies shares last traded at $13.0640, with a volume of 2,611,587 shares trading hands.

Trending Headlines about Arlo Technologies

Here are the key news stories impacting Arlo Technologies this week:

• Positive Sentiment: Arlo’s board authorized a $100 million buyback of the company’s common stock. The program signals management’s confidence in Arlo’s valuation and could support earnings per share by reducing the number of shares outstanding. The announcement was the key catalyst behind the stock’s advance. Arlo Technologies stock rises on $100M buyback program Arlo Technologies Board Approves $100 Million Share Buyback Program
• Positive Sentiment: Multiple reports highlighted the repurchase authorization as the reason ARLO shares “skyrocketed,” reinforcing that investors viewed the capital-return plan favorably. The buyback may also provide a floor for the stock if the company executes purchases during periods of weakness. Arlo Technologies announces $100 million stock repurchase program
• Neutral Sentiment: Arlo announced equity awards for newly hired employees under its 2018 Equity Incentive Plan, pursuant to NYSE Rule 303A.08. The grants are intended to support recruitment and retention, though new equity awards can modestly increase potential share dilution over time. Arlo Technologies Announces Inducement Awards Under NYSE Rule 303A.08

Wall Street Analysts Forecast Growth

ARLO has been the subject of several research analyst reports. William Blair began coverage on shares of Arlo Technologies in a research note on Tuesday, July 7th. They issued an “outperform” rating for the company. Wall Street Zen upgraded shares of Arlo Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 10th. Piper Sandler reduced their price target on shares of Arlo Technologies from $18.00 to $16.00 and set an “overweight” rating for the company in a report on Tuesday, October 20th. Finally, Weiss Ratings downgraded shares of Arlo Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, August 3rd. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $20.20.

Arlo Technologies Price Performance

The stock has a 50-day moving average of $12.91 and a two-hundred day moving average of $13.37.

Arlo Technologies (NYSE:ARLO) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.08. The business had revenue of $155.94 million for the quarter, compared to the consensus estimate of $148.94 million. The firm’s revenue was up 20.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.17 earnings per share. Arlo Technologies has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at 0.170-0.230 EPS. On average, analysts expect that Arlo Technologies, Inc. will post 0.12 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Kurtis Binder sold 13,358 shares of Arlo Technologies stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of $12.58, for a total value of $168,043.64. Following the transaction, the chief financial officer owned 345,541 shares in the company, valued at approximately $4,346,905.78. The trade was a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 137,837 shares of company stock valued at $1,836,543 over the last ninety days. Insiders own 2.90% of the company’s stock.

Institutional Investors Weigh In On Arlo Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Arlo Technologies by 0.5% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 175,788 shares of the company’s stock worth $2,370,000 after purchasing an additional 794 shares during the period. Smith Group Asset Management LLC grew its holdings in shares of Arlo Technologies by 1.6% in the third quarter. Smith Group Asset Management LLC now owns 54,810 shares of the company’s stock worth $680,000 after purchasing an additional 866 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Arlo Technologies by 15.7% in the third quarter. GAMMA Investing LLC now owns 6,647 shares of the company’s stock worth $82,000 after purchasing an additional 904 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Arlo Technologies by 12.2% in the first quarter. Cetera Investment Advisers now owns 15,253 shares of the company’s stock worth $217,000 after purchasing an additional 1,657 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Arlo Technologies by 20.0% in the first quarter. EverSource Wealth Advisors LLC now owns 11,281 shares of the company’s stock worth $161,000 after buying an additional 1,884 shares during the period. Institutional investors own 83.18% of the company’s stock.

About Arlo Technologies

Arlo Technologies, Inc is a smart home security company that develops connected devices and cloud-based services designed to help consumers monitor and protect their homes, businesses and other properties. Its product portfolio includes wire-free and wired security cameras, video doorbells, floodlight cameras, home security systems and related accessories.

Arlo’s products typically connect through mobile applications and cloud services, providing features such as live video, motion detection, two-way audio, night vision and notifications.